Crude Oil has been trending lower for months, ever since price topped out at around $115 at the beginning of May. Crude is now sitting just below an important fulcrum that could pave the way for a major move ahead. Here’s why..
Crude Oil futures has been extremely bullish the last two months, especially when resistance was taken out at $93 in February. Given recent weakness, this could be a great opportunity to buy ahead of a test at $115..
Crude Oil is currently in a holding pattern, but could see a breakout soon – one that could move the market about 4 points. Here’s why..
Crude Oil has been pushing quietly higher the last two months, but is now testing an extremely important resistance level at $87.45. How price reacts to this two-year resistance level could spark the next major wave of price movement.
Crude Oil futures (CL..) has been trading within a volatile trading range throughout the month of October. However, the last two sessions have been more quiet than normal, which points to a potential breakout opportunity for today’s session. Here’s why..
